Research paper

Trading Green Bonds Using Distributed Ledger Technology

The paper elicits and evaluates the functional artefact requirements of a novel DLT-based trading and settlement system for green bonds, distinguishing core technical requirements from contextual requirements and objectives for regulated, tradeable carbon-credit securities.

PaperOpen source resource ↗

Overview

Publication metadata and narrative from the current library record.

Authors: Henrik Axelsen, Ulrik Rasmussen, Johannes Rude Jensen, Omri Ross, Fritz Henglein
Year: 2023
Venue: ECIS 2023 Research Papers
Methodology: Design science research; multi-cycle stakeholder engagement (industrial and governmental); technical evaluation against settlement-system requirements.

blockchaindesign-science-researchdltfinance-bondsgreen-bondssecurities-settlementtrading-green-bonds-dlt

Trading Green Bonds Using Distributed Ledger Technology

Authors: Henrik Axelsen, Ulrik Rasmussen, Johannes Rude Jensen, Omri Ross, Fritz Henglein
Venue: ECIS 2023 Research Papers
Link: https://aisel.aisnet.org/ecis2023_rp/340 (opens in a new tab)

Summary

Artifact

A DLT-based trading and settlement system (DLT TSS) for green bonds / voluntary carbon credits (Smart Financial Instrument platform).

Methodology

Design science research; multi-cycle stakeholder engagement (industrial and governmental); technical evaluation against settlement-system requirements.

Citations

[1] Henrik Axelsen, Ulrik Rasmussen, Johannes Rude Jensen, Omri Ross, Fritz Henglein. Trading Green Bonds Using Distributed Ledger Technology. ECIS 2023 Research Papers. https://aisel.aisnet.org/ecis2023_rp/340 (opens in a new tab) [2] Source document: TRADING GREEN BONDS USING DISTRIBUTED LEDGER.pdf

DSR grid

Six dimensions represented in the current paper record.

Problem description

Trading and settling green bonds (voluntary carbon credits) on distributed ledgers requires satisfying the technical and regulatory requirements of securities settlement systems.

Input knowledge

Capital-market-infrastructure and securities-settlement requirements (e.g., T2S); DLT pilot-regime regulation; the Smart Financial Instrument (SFI) platform.

Research process

Design science research with multi-cycle stakeholder engagement (industrial and governmental) and a technical evaluation against settlement-system requirements.

Key concepts

DLT pilot regime, trading, settlement, liquidity, green bonds, net-zero, funding.

Solution description

A DLT-based trading and settlement system (SFI platform) for regulated, tradeable carbon-credit securities. Solution-space representation: Instantiation (artefact) driven by functional artefact requirements (model).

Output knowledge

A set of functional artefact requirements (five core technical and nine contextual requirements and objectives).

Design knowledge

Directly linked concepts, grouped by their represented design-knowledge category.

Design Requirement

Design Requirement1

Design Requirement

design-knowledge/trading-green-bonds-dlt-req

REQ - Functional artefact requirements for a DLT trading and settlement system

Core technical requirements:

design-requirementdltfinance-bondsgreen-bonds+2

Paper design map

The default semantic design map canonicalizes stored design relationships; Raw links retains the complete technical Markdown-link view.

Design-knowledge map

1 stored concepts / 0 canonical semantic relationships

Concept types

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Publication metadata

Additional metadata represented in the current library record.

Show additional metadata

{
  "type": "paper",
  "title": "Trading Green Bonds Using Distributed Ledger Technology",
  "description": "The paper elicits and evaluates the functional artefact requirements of a novel DLT-based trading and settlement system for green bonds, distinguishing core technical requirements from contextual requirements and objectives for regulated, tradeable carbon-credit securities.",
  "resource": "https://aisel.aisnet.org/ecis2023_rp/340",
  "authors": "Henrik Axelsen, Ulrik Rasmussen, Johannes Rude Jensen, Omri Ross, Fritz Henglein",
  "year": 2023,
  "venue": "ECIS 2023 Research Papers",
  "methodology": "Design science research; multi-cycle stakeholder engagement (industrial and governmental); technical evaluation against settlement-system requirements.",
  "dsr_grid": true,
  "dsr_solution_space": "Instantiation (artefact) driven by functional artefact requirements (model).",
  "tags": [
    "trading-green-bonds-dlt",
    "finance-bonds",
    "green-bonds",
    "dlt",
    "securities-settlement",
    "design-science-research",
    "blockchain"
  ]
}

Citations

[1] Henrik Axelsen, Ulrik Rasmussen, Johannes Rude Jensen, Omri Ross, Fritz Henglein. Trading Green Bonds Using Distributed Ledger Technology. ECIS 2023 Research Papers. https://aisel.aisnet.org/ecis2023_rp/340 [2] Source document: TRADING GREEN BONDS USING DISTRIBUTED LEDGER.pdf

{ "type": "paper", "title": "Trading Green Bonds Using Distributed Ledger Technology", "description": "The paper elicits and evaluates the functional artefact requirements of a novel DLT-based trading and settlement system for green bonds, distinguishing core technical requirements from contextual requirements and objectives for regulated, tradeable carbon-credit securities.", "resource": "https://aisel.aisnet.org/ecis2023_rp/340", "authors": "Henrik Axelsen, Ulrik Rasmussen, Johannes Rude Jensen, Omri Ross, Fritz Henglein", "year": 2023, "venue": "ECIS 2023 Research Papers", "methodology": "Design science research; multi-cycle stakeholder engagement (industrial and governmental); technical evaluation against settlement-system requirements.", "dsr_grid": true, "dsr_solution_space": "Instantiation (artefact) driven by functional artefact requirements (model).", "tags": [ "trading-green-bonds-dlt", "finance-bonds", "green-bonds", "dlt", "securities-settlement", "design-science-research", "blockchain" ] }